Daily News Letter—Dated 8th July 2008

~~OM~~

India Stock (A Unit of IBN Services, New Delhi)

Daily News Letter—Dated 8^th July 2008

Visit: http://stock.ibnservice.com/ or http://indiastock1.blogspot.com/

Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/

E-Mail: info@ibnservice.com or stock@ibnservice.com

Phone: (91) 9899-90-9899; 9968-443-444 (Call between 9:00AM -- 5:00PM only)

Advice: Book profits in Day-trade at gain of 2-3% in stock (Cash/Fut.) & don’t take risk with your money.

SENSEX: Last Close: 13525.99 (71.99) Resis – 14100, 14650, 15000, 15500 Supports – 13000, 12750, 12300, 12000

NIFTY: Last Close: 4030.00 (14.00) Resis – 4240, 4400, 500, 4650, 4800 Supports – 3910, 3800, 3730, 3600, 3500

Sensex Range for This Week: 13000-14500 above which it will touch 15300 Below Tgt 12300; Resis at 14000 closing.

Mkt is unable to sustain higher levels but stock specific buying seen. Nifty can show short positions build up at rise. Now the King-RIL is turning weak. Hot Sector Today: IT & Oil.

BTST/ STBT in Last Trade (Cash /Fut.): Triveni (Sell 85.5 SL 88 Tgt3 Achieved), JPHydro (BUY 45 SL 44.2 Tgt 46.45-46.95+)

Hot in Street: Air Deccan, Polaris, Bata, Peninsula, Arvind, IFCI, Siemens, M&M, Brigade, IDFC, Gail, Acc etc.

IPO DIARY: Birla Cotsyn (India) Ltd. (App. Date: 30 Jun-9 Jul), (Offer Price: Rs.12-14) Our View: Avoid.

SCRIPTS (CMP)	ENTRY LEVEL		TGT 1	TGT 2	SL	REMARKS
Hot Today (Cash Stocks)
APTECH (199.90)	Buy C/F At 193-197	203		205-207	Bel 190	Oversold on chart, ready 2 catch fire, Keep SL
ESSAR OIL (176.2)	Must Sell C/F176-183	173		171-168	190	Weakness to continue in Pvt. Refinery stocks.
Derivative- Future (Strategy for today)
RENUKA (111.50)	Must Sell 111-113.5		109	108-107	Abv 115	Max Profits: Rs. 30000+	Just trade & earn in tons, can do 105.
RENUKA CA120 (5.30)	Sell With Future		Hedging Position			Max Loss: Rs. 7500
TATA POWER(1082.7)	Buy At 1060-1075		1095	1106-18	Bel 1040	Max Profits: 12000+++	Ready to fly, Keep SL with bulk trade.
TATAPOWCA1200(15)	Sell When u Buy Fut.		Hedging Positions			Max Loss: Rs. 4000
Derivative- Option
ACC CA 500 (34.50)	Must Buy At 25—32		Options Trading strategy with Very Low Risk & High Gain.			Max Profits: 8000+++	Trade in bulk, Low risk & High gains.
ACC CA 560 (13.50)	Sell 2Lot With CA500					Max Loss: Rs. 2000
Investment Pick
..........(5........)(35)	Must Buy At 30-35		50	57-70	Bel 27	Another McDowell in making can do 100 in Yr

Last Trade (7^th July 2008) Performance in OLC/ Nifty & BTST Calls: Total Profit/Loss: Rs. 54038.00 Approx.

Result (profit/ loss) may vary from person to person, due to one’s trading habit. The price calculated on intra-day/ Positional stocks target achieved.

Hot stocks in this month (July 2008)- (Revised on 4th July)
........... (128.00) (Revised)	Must Buy C/F 120-125	140	145-150	Bel 114	Good stock for this month, can recover v. fast.
TATA CHEM (275.35)	Grab C/F At 250-260	285	292-300	Bel 240	Tgt1 Achieved on 7th July, Hold for Tgt3.
JPASSOCIATE (138.55)	Buy C/F At 127-132	150	157-160	120	Tgt3 Achieved on 7th July, Hold for Tgt 175+.
IFCI (33.35) (Revised)	Must Buy C/F 28-32	37	41.5-44	25	Tgt1 Achieved on 7th July, Hold for upper Tgt.

Daily Perf Report (Last Trade) http://nse-bse.blogspot.com/

Weekly Performance Report (30^th Jun -4^th Jul 08) http://nse-bse.blogspot.com/2008/07/weekly-perf-report-online-calls-btst.html

Monthly Performance Report (June): http://nse-bse.blogspot.com/2008/07/monthly-perf-report-online-calls-btst.html

For Online Calls join me in Yahoo Messenger: ibnservicesdelhi OR ibnservice OR nse_bse4gain

Disclaimer – India Stock {A unit of India Business Network (IBN) Services, New Delhi} has taken due care and caution in compilation of data for its members. Information has been obtained by the company from sources which it considers reliable. We might not hold any positions in above stocks in Cash/ Derivatives. However, India Stock does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. India Stock especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its News Letter or website. You are responsible for your own investment decisions. India Stock will not be responsible for any errors or omissions in articles or postings, for hyperlinks embedded in messages, or for any results obtained from the use of such information. India Stock will not be liable for any loss or damage caused by a reader's reliance on information obtained in our area, or in a hyperlinked area. By: India Stock (A Unit of IBN Services, New Delhi). Write to: ibnservices@gmail.com Visit: http://nse-bse.blogspot.com/ OR http://indiastock1.blogspot.com/ Group: http://finance.groups.yahoo.com/group/ibnservicesdelhi/ Call: (91) 9899-90-9899; 9968-443-444